49296 results returned for search: "" category ("Other" AND "Business")
property catastrophe reinsurer, LaSalle Re, pushed its stock price up.
The new strategy, expected to benefit shareholders with a substantial increase in dividends, had the stock trading $1.875 higher by early afternoon.
The company intends to distrib...
DATE: Oct 16, 1996
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Insurers involved in investment decisions will take advantage of a specialised investment training seminar next month hosted by the Bermuda Insurance Institute (BII) and Pittsburgh-based Mellon Bank.
The local insurance market makes investment decisi...
DATE: Oct 15, 1996
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AUTHOR:
David Fox, Business Editor
approve the move to Bermuda by Electric Mutual Liability Insurance Company (EMLICO) will now be the subject of oversight hearings in the Massachusetts Senate this month.
Chairman of the Massachusetts legislature's joint committee on insurance, Senato...
DATE: Oct 15, 1996
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AUTHOR:
David Fox, Business Editor
premiums written.
For 1996, net premiums written will "exceed the 15-20 percent growth estimate previously indicated to a level in excess of 25 percent,'' the company said.
Terra Nova executives spoke to insurance analysts and investors yesterday aft...
DATE: Oct 15, 1996
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delisted from the Bermuda Stock Exchange on November 1.
In May, the bank said it would redeem the $50 million debt, issued as nine percent subordinated capital notes, five years ahead of due date.
The notes were issued in October 1991, due October 31...
DATE: Oct 15, 1996
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yesterday, fell 25 cents, dropping the index 5.5 points. The issue closed at $17.25 on volume of 1,211. The index closed at 937.10. In other trading, Bank of Butterfield and SAL were unchanged.
DATE: Oct 15, 1996
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A brash, not-yet-30-year old Audette Exel in 1993 engineered one of the sweetest deals of the nineties, when she introduced First Curacao International Bank (FCIB) to the Bermuda Commercial Bank (BCB).
Heading the banking department of Milligan-Whyte...
DATE: Oct 14, 1996
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AUTHOR:
David Fox, Business Editor
The increase comes after the index had plummeted over 30 points in the two previous weeks.
Bank stocks were mixed, with the largest constituent of the index, the Bank of Bermuda, posting a 50 cent gain over it's close a week earlier. The bank's stock...
DATE: Oct 14, 1996
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passenger suffered a suspected asthma attack.
The plane, flight 1655, was en route from Newark, New Jersey to San Juan, Puerto Rico.
The passenger was taken to King Edward VII Memorial Hospital, suffering from chest pains and nausea.
"The flight then...
DATE: Oct 14, 1996
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yesterday. The shares, trading for the second straight day, closed up 25 cents at $2.75 on volume of 1,250.
In other trading, Argus was off 37.5 cents at $11.375 on a trade of 528 shares.
DATE: Oct 12, 1996
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